Share offering June 5th - 6th 2008 - Primary insiders and financially related parties' trading


The following insiders and financially related parties in Marel Food Systems
hf. purchased shares in the company in share offering June 5th - 6th 2008. 
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Rate 89

Primary insiders:

Name primary insider: Eyrir Invest ehf.
Insider's relation to the issuer: Largest share holder
Number of shares: 75.000.000
Primary insider's holdings after the transaction: 219.403.688
Primary insider's option holdings after the transaction: 0
Related parties holdings after the transaction: 329.877
Comments:  Eyrir Invest ehf. is an primary insider in Marel Food Systems hf.
Árni Oddur Þórðarson, Eyrir Invest's CEO, is a Chairman of Board in Marel Food
Systems hf. Margrét Jónsdóttir, Eyrir Invest's Financial Director, is a member
of Board of Directors in Marel Food Systems hf. 

Name primary insider: Grundtvig Invest A/S
Insider's relation to the issuer:  Third largest share holder
Number of shares: 9.359.551
Primary insider's holdings after the transaction:  61.560.494
Primary insider's option holdings after the transaction: 0
Related parties holdings after the transaction:  0
Comments: Lars Grundtvig, major owner of Grundtvig Invest A/S, is a member of
Board of Directors in Marel Food Systems hf. 

Name primary insider: Árni Oddur Þórðarson
Insider's relation to the issuer: Chairman of Board of Marel Food Systems hf.
Number of shares: 50.000
Primary insider's holdings after the transaction:  64.634
Primary insider's option holdings after the transaction: 0
Related parties holdings after the transaction: 219.668.931
Comments: Árni Oddur Þórðarson is Eyrir Invest's CEO.  Eyrir Invest ehf. is an
primary insider in Marel Food Systems hf. 

Name primary insider: Helgi Magnússon
Insider's relation to the issuer: Member of Board of Directors in Marel Food
Systems hf. 
Number of shares: 100.000
Primary insider's holdings after the transaction:  520.000
Primary insider's option holdings after the transaction: 0
Related parties holdings after the transaction:  5.766.426

Name primary insider: Margrét Jónsdóttir
Insider's relation to the issuer: Member of Board of Directors in Marel Food
Systems hf. 
Number of shares: 60.000
Primary insider's holdings after the transaction:  123.538
Primary insider's option holdings after the transaction: 0
Related parties holdings after the transaction:  219.610.027
Comments: Margrét Jónsdóttir is Eyrir Invest's Financial Director. Eyrir Invest
ehf. is an primary insider in Marel Food Systems hf. 

Name primary insider: Hörður Arnarson
Insider's relation to the issuer:  CEO of Marel Food Systems hf.
Number of shares: 75.000
Primary insider's holdings after the transaction: 1.744.009
Primary insider's option holdings after the transaction: 6.000.000
Related parties holdings after the transaction:  7.235

Name primary insider: Erik Kaman
Insider's relation to the issuer: CFO of Marel Food Systems hf.
Number of shares: 675.000
Primary insider's holdings after the transaction: 675.000
Primary insider's option holdings after the transaction: 1.500.000
Related parties holdings after the transaction: 0


Financially related parties:

Name of related party trading the shares: Elín María Árnadóttir
Name primary insider: Árni Oddur Þórðarson 
Insider's relation to the issuer: Árni Oddur Þórðarson, Eyrir Invest's CEO, is
a Chairman of Board in Marel Food Systems hf.  Eyrir Invest ehf. is an primary
insider in Marel Food Systems hf. 
Number of shares: 15.000
Primary insider's holdings after the transaction: 30.000
Primary insider's option holdings after the transaction: 0
Related parties holdings after the transaction: 219.703.565

Name of related party trading the shares: Þórður Magnús Árnason
Name primary insider:  Árni Oddur Þórðarson 
Insider's relation to the issuer: Árni Oddur Þórðarson, Eyrir Invest's CEO, is
a Chairman of Board in Marel Food Systems hf.  Eyrir Invest ehf. is an primary
insider in Marel Food Systems hf. 
Number of shares: 15.000
Primary insider's holdings after the transaction: 30.000
Primary insider's option holdings after the transaction: 0
Related parties holdings after the transaction:  219.703.565

Name of related party trading the shares: Elías Halldór Leifsson
Name primary insider: Margrét Jónsdóttir
Insider's relation to the issuer: Margrét Jónsdóttir, Eyrir Invest's Financial
Director, is a member of Board of Directors in Marel Food Systems hf. Eyrir
Invest ehf. is an primary insider in Marel Food Systems hf. 
Number of shares: 60.000
Primary insider's holdings after the transaction: 123.538
Primary insider's option holdings after the transaction: 0
Related parties holdings after the transaction:  219.666.330

Name of related party trading the shares: Eignarhaldsfélag Hörpu ehf
Name primary insider: Helgi Magnússon
Insider's relation to the issuer: Helgi Magnússon, Chairman of Board and major
owner of Eignarhaldsfélag Hörpu ehf. is member of Board of Directors in Marel
Food Systems hf. 
Number of shares:1.200.000
Primary insider's holdings after the transaction: 520.000
Primary insider's option holdings after the transaction: 0
Related parties holdings after the transaction:  890.755

Name of related party trading the shares: Eignarhaldsfélag Hofgarðar ehf.
Name primary insider:  Helgi Magnússon
Insider's relation to the issuer: Helgi Magnússon, Chairman of Board and major
owner of Eignarhaldsfélag Hofgarðar ehf. is member of Board of Directors in
Marel Food Systems hf. 
Number of shares: 100.000
Primary insider's holdings after the transaction:  520.000
Primary insider's option holdings after the transaction: 0
Related parties holdings after the transaction:  6.015.671

Name of related party trading the shares: Varðberg ehf.
Name primary insider: Helgi Magnússon
Insider's relation to the issuer: Helgi Magnússon, owner of Varðberg ehf. s
member of Board of Directors in Marel Food Systems hf. 
Number of shares: 100.000
Primary insider's holdings after the transaction:  520.000
Primary insider's option holdings after the transaction: 0
Related parties holdings after the transaction:  6.186.426